
财经少华|May 28, 2025 05:35
Analyze Dogecoin (DOGE)
The first wave of Dogecoin's consolidation occurred last Tuesday, after failing to break through the direct pressure level of $0.25. Dogecoin is likely to break through this level after falling below $0.21 and emerging from its weakness. However, Dogecoin may touch pressure levels multiple times before breaking through resistance levels.
Once it finally breaks through, Dogecoin is expected to rebound strongly to the $0.4 mark, which last appeared at the end of January this year due to its previous explosive rise.
When Dogecoin last hit this critical level, it triggered a significant pullback in the following months, until it regained support in April. If Dogecoin breaks through the $0.4 mark again, the upward trend may continue as buying pressure increases.
As the price of Dogecoin is about to enter a new round of rise, $0.26 will be a key pressure level. This level remains the most important pressure level for Dogecoin. Breaking through this level may mark the beginning of an upward trend.
DOGE
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